Terrell Owens, the broke former NFL receiver, is suing agent Drew Rosenhaus for fraud, among other things, and is seeking up to $6.5 million, Yahoo Sports reports.
Former NFL wide receiver Terrell Owens is suing agent Drew Rosenhaus and his brother Jason Rosenhaus for breach of fiduciary duty, fraud, and negligence, seeking to recover up to $6.5 million from the agents
Owens is contending Rosenhaus introduced him to now-banned financial adviser Jeff Rubin and recommended that Owens hire Rubin to manage his finances. Upon hiring Rubin, Owens alleges in the lawsuit the financial adviser began to place his money in a series of bad investments, including an illegal and now-bankrupt casino project in Alabama.
It’s no secret that Owens is broke. It’s not a secret that Rosenhaus, at times during this career, has displayed questionable ethics. (Owens fired him in June 2012.) As much as everyone would love to see the curtain pulled back here, my guess is that there’s an out-of-court settlement somewhere in the middle. [via Yahoo Sports]
Related: Drew Rosenhaus Wrestles Six Foot Shark, Presumably Out of Rich Guy Boredom [Video]
Related: Terrell Owens is Broke, After Playing 15 Years and Making $80 Million
Related: Why is Pro Football Talk – and the Sports Media in General – Ignoring Yahoo’s Potentially Explosive Drew Rosenhaus Story?